Falling the shares in Wall Street On Wednesday (20.8.25), under the pressure of the general decline of the technology sector for a second consecutive day. Investors also watched a series of gross results of retail companies and the latest publication of the practices of the US Federal Bank meeting.
Specifically, in the closure of Wall Street, Nasdaq Composite fell 0.67%, while the S&P 500 fell to 0.27%and Dow Jones Industrial Average closed with a mild up 0.04%.
Investors have continued to make profits from several large technology and semiconductor companies, enhancing concerns about their high valuations and the power of trade of artificial intelligence in the long run. Nvidia fell about 3%, while Advanced Micro Devices and Broadcom lost over 3.5% each. Palantir’s shares fell about 5.5% and Intel fell more than 6%. Apple, Amazon, Alphabet and Meta technology companies have also retreated.
“It is no surprise that some investors make profits in technology shares, which had an incredibly strong course – with some rising more than 80% of the low levels of April. Market volume is generally quite limited in late August, leading to greater fluctuations than fundamental sizes, “said Carol Schleif, a head market strategic analyst at BMO Private Wealth.
In the field of profits, Target’s shares fell 6% after the announcement by the retail company for a new reduction in sales and the appointment of a new CEO, which will take over its duties on February 1st. In the meantime, Lowe’s has risen after the announcement of the profits of the retail company of home supplies, which exceeded expectations.